NOT LISTED FOR SALE

Estimated Value: $119,093

2.5 Acres
$47,637 Price per Acre
108,900 Sq Ft Lot

Sale Details

Date Sold: November 13, 2023

Last sale price $99,000

Est. 20% increase in value since last sale

Current estimated payment $700 / mo

164 Days on Market

About This Lot

As of November 2023

MOTIVATED SELLER! Fabulous opportunity with endless possibilities! Beautiful 2.5-acre lot bordering Wor-Wic Community College! Establish your local business or build your dream home on this stunning piece of land already zoned LB1 (Local Business & Institutional). Easily access Route 50 and Route 13 corridor's, close to Beaches and downtown Salisbury.

Last Agent to Sell the Property

Katie Lowry

(443) 856-2211 katie.lowry@cbrealty.com Coldwell Banker Realty License #RS-0026282 Listed on: 04/25/2023

Coldwell Banker Realty

Last Buyer's Agent

Katie Lowry

(443) 856-2211 katie.lowry@cbrealty.com Coldwell Banker Realty License #RS-0026282 Listed on: 04/25/2023

Coldwell Banker Realty
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $601

Lot Details

  • 2.5 Acre Lot
  • Property is zoned LB1

Utilities

  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1A
  • Assessor Parcel Number 2305108705

Property Details

Property Type

Land

Est. Annual Taxes

$601

Lot Details

2.5 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Land/Lot Only
  • Historic: No
  • Expected On Market: 4/28/2023 12:00:00 AM
  • Federal Flood Zone: No
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.91

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Private Sewer
  • Water Source: Private
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.50
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 108900.00
  • Zoning: LB1
  • Farmland Preservation: No
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 601.00
  • Assessor Parcel Number: 2305108705
  • Tax Lot: 1A
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: WICOMICO COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Nov 13, 2023
Sold by
Bought by
Seller's Agent
Katie Lowry
Coldwell Banker Realty
Buyer's Agent
Katie Lowry
Coldwell Banker Realty
List Price
$699,999
Sold Price
$99,000
Premium/Discount to List
-$600,999
-85.86%
Views
195
Current Estimated Value
$119,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,093
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Jan 19, 2017
Sold by
Bought by

Purchase Details

Closed on
Feb 12, 1997
Sold by
Bought by

Purchase Details

Closed on
Oct 21, 1996
Sold by
Bought by

Purchase Details

Closed on
Aug 21, 1996
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$99,000 None Listed On Document
-- None Available
$88,200 --
$39,000 --
$8,500 --
-- --
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/13/2023 11/13/23 Sold $99,000 0.0% --
09/16/2023 09/16/23 Price Changed $99,000 -60.4% --
05/02/2023 05/02/23 Price Changed $250,000 -64.3% --
04/25/2023 04/25/23 For Sale $699,999 -- --
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $551 $53,700 $53,700 $0
2025 $551 $53,700 $53,700 $0
2024 $732 $70,133 $0 $0
2023 $698 $64,567 $0 $0
2022 $601 $59,000 $43,700 $15,300
2021 $661 $58,800 $0 $0
2020 $664 $58,600 $0 $0
2019 $611 $58,400 $43,700 $14,700
2018 $643 $56,933 $0 $0
2017 $634 $55,467 $0 $0
2016 -- $54,000 $0 $0
2015 $590 $54,000 $0 $0
2014 $590 $54,000 $0 $0
Source: Public Records

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Map

Source: Bright MLS

MLS Number: MDWC2009268

Bright MLS

APN: 05-108705

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